Rentals (Hansard, 7 March 1951)
HC Deb 07 March 1951 vol 485 c424
31. Mr. Nigel Fisher

asked the Postmaster-General whether, in view of the large profit made by the Post Office, he will abolish the 15 per cent. surcharge on quarterly rental fees for telephones.

Mr. Ness Edwards

Greatly increasing costs rule out any possibility of reducing telephone rentals.

Mr. Fisher

As the Post Office profits on this none too satisfactory monopoly system for last year amounted to some £9 million, does the right hon. Gentleman not consider that at least a part of this might be devoted to the benefit of the subscribers, and that he would be fully justified in reducing his surcharge?

Mr. Ness Edwards

Things have changed very substantially from what they were last year.

Sir H. Williams

Is it not the case that last year the Chancellor of the Exchequer reported to us in his Financial Statement that there was a cash loss on the Post Office of nearly £10 million?

Mr. Ness Edwards

I believe there was a cash deficit.

GLOBAL ISLES COURT OF RECORD